Alien's Extraterrestrial Visual Systems | Page 761 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

CRB Alien!! 215 replies

MT5 indicators for Alien’s trading systems 40 replies

Visual backtest result different from non-visual backtest 0 replies

Systems, Systems and Systems... 1 reply

“Alien Infector,” an MT4 script idea 2 replies

Attachments: Alien's Extraterrestrial Visual Systems
Exit Attachments

Alien's Extraterrestrial Visual Systems

  • #15,201
  • Feb 13, 2016 12:01pm Feb 13, 2016 12:01pm
Quoting emonts
{quote} Hi, If indi needed. Levels can be adapted, colors too. BR {file}
Thanks for your new indicator. If we can implement bbs into the 15 adx somehow we can have great signals.however I believe that using bbs manually is also very easy and when combined with Alien Dashboard you will have the golden goose.
  • #15,202
  • Feb 13, 2016 12:13pm Feb 13, 2016 12:13pm
Quoting emonts
{quote} Hi, Some remarks from my site. To the DBi added now the delayed stoch in the same way as i did for the RsiOma. I can add also the normal stoch 3x, or just the fast one. When i look to the nihilist ultra DBi think it is not possible to put all this info in the DB. Far to complex and if it is done, probably nobody understands it any more, including me. For the ultra adx DB a sepererate DB could be made, like you posted some days ago. The advantage to put it in one DB is saving cpu capacity. In this way we can slow down update frequency. If...
I don't know if someone here trade in other ways the Delayed Stoch. but typical Alien's setup is the DS slingshot and the entry was largely discussed and definied.
It's the cross of DS with his signal line toward RSIOMA. Best one when there is a good separation between RSIOMA and DS.
Maybe this is difficult to put in a DB and therefore I was thinking for a separate alert.
The DB created by Nihilist is difficult to use for this.
Let's hear what is others thinkings. Have a nice w.e.
Per aspera ad astra
  • #15,203
  • Feb 13, 2016 12:28pm Feb 13, 2016 12:28pm
Quoting emonts
{quote} Hi, Some remarks from my site. To the DBi added now the delayed stoch in the same way as i did for the RsiOma. I can add also the normal stoch 3x, or just the fast one. When i look to the nihilist ultra DBi think it is not possible to put all this info in the DB. Far to complex and if it is done, probably nobody understands it any more, including me. For the ultra adx DB a sepererate DB could be made, like you posted some days ago. The advantage to put it in one DB is saving cpu capacity. In this way we can slow down update frequency. If...
Hi Emonts, for SL and TP better to include hidden SL and TP rather fixed or dynamic if it is possible. When you are making an indi or EA why not to include most. Just my thoughts. Even i dont know it is possible or not.
  • #15,204
  • Feb 13, 2016 1:11pm Feb 13, 2016 1:11pm
Quoting Sargent
{quote} Hi Emonts, for SL and TP better to include hidden SL and TP rather fixed or dynamic if it is possible. When you are making an indi or EA why not to include most. Just my thoughts. Even i dont know it is possible or not.
Hi,

I always use two SL's and TP's.
One i call the soft TP/SL but also have a hard one.
The soft one is the ea works with, the hard one is to protect our trades in case
of ea or communication failures. These are set at broker.

BR
It is not important how often you fall down, but how often you get up again
  • #15,205
  • Feb 13, 2016 1:24pm Feb 13, 2016 1:24pm
Quoting emonts
{quote} Hi, If you try to load what do yoiu see under experts/journal tab BR

this is under the Experts tab.

2016.02.13 11:23:11.255 Aliens_DB_V1.01 GBPUSD,H1: zero divide in 'Aliens_DB_V1.01.mq4' (237,52)


thanks.
  • #15,206
  • Feb 13, 2016 1:27pm Feb 13, 2016 1:27pm
Quoting marcof91
{quote} I had trouble first to load but now i know how to do it. When attaching to a chart you must have all the pairs on the marketwatch,allow dll imports and inside of experts settings i had to put the suffix of the pairs,this last step was my problem because not doing it the dashboard does not show up.
I will give this a try. would you mind doing a screen shot of your inputs so I can see how its done? thx.
Attached Image (click to enlarge)
Click to Enlarge Name: marco.PNG Size: 34 KB
  • #15,207
  • Feb 13, 2016 1:30pm Feb 13, 2016 1:30pm
[quote=awcharts;8752210]{quote} I will give this a try. would you mind doing a screen shot of your inputs so I can see how its done? thx. {image}[/quot

strange, its working now but have other error message instead.

2016.02.13 11:28:34.005 cannot open file 'C:\Users\andy\AppData\Roaming\MetaQuotes\Terminal\0DDE7B624727D99A3AC64611B71FBD4E\MQL4\indicators\T3_2ColorHisto.ex4' [2]
Attached Image (click to enlarge)
Click to Enlarge Name: issues2.PNG Size: 65 KB
  • #15,208
  • Feb 13, 2016 1:39pm Feb 13, 2016 1:39pm
Quoting emonts
{quote} Hi, The 5x adx_slope_new from the template have floating Y-Axis. Is this wanted ? Made a histogram with highest value of the adx values. Blue bars all adx values below 20. BR {image}
You are right It was my mistake. We should use fixed minimum and maximum for them. But I think there is no need to have adx compression and expansion included in the dashboard.

Quoting jpadvisor
{quote} I don't know if someone here trade in other ways the Delayed Stoch. but typical Alien's setup is the DS slingshot and the entry was largely discussed and definied. It's the cross of DS with his signal line toward RSIOMA. Best one when there is a good separation between RSIOMA and DS. Maybe this is difficult to put in a DB and therefore I was thinking for a separate alert. The DB created by Nihilist is difficult to use for this. Let's hear what is others thinkings. Have a nice w.e.
I agree with you. I believe the DS setups are very powerful warnings and have the potential to predict the market next move. We should consider three things to have a good DS setup code:

1- The separation distance between the Rsioma and DS. the more they are separated from each other the more powerful the setup is. So we can have yellow color when the distance is lower than 20, orange when the distance between 20 and 40, blue when the distance is between 40 and 60, and green if the distance is more than 60.

2- A good DS setup is a setup in which Rsioma doesn't change its direction toward the DS movement. It should remain high as if nothing happened (in an uptrend). So the slope and position of the Rsioma is also important.

3- This setup should not be coded to give signals because we want to know where the DS is all the time for a possible entry not just one exact point in the chart. So if the indicator is designed to give signals it will give you signals again and again as long as the conditions are met. There is a solution to this problem. If we can design (by we, I mean the great coders here) the indicator in a way to just show the color coded situation of the DS in relation to Rsioma we can detect the good setups. we can also design it in a way to alert us on all colors or just blue and green.
  • #15,209
  • Feb 13, 2016 1:50pm Feb 13, 2016 1:50pm
[quote=awcharts;8752214]
Quoting awcharts
{quote} I will give this a try. would you mind doing a screen shot of your inputs so I can see how its done? thx. {image}[/quot strange, its working now but have other error message instead. 2016.02.13 11:28:34.005 cannot open file 'C:\Users\andy\AppData\Roaming\MetaQuotes\Terminal\0DDE7B624727D99A3AC64611B71FBD4E\MQL4\indicators\T3_2ColorHisto.ex4' [2] {image}
HI,

The dashboard does not call this indi at all.

I would advice take a clean install of metatrader.
Or just make a new account at an other broker.
Then you have a clean install.

BR
It is not important how often you fall down, but how often you get up again
  • #15,210
  • Feb 13, 2016 3:01pm Feb 13, 2016 3:01pm
Quoting ebitalebi
There is a filter for ADX system which hugely improves its accuracy but decreases its RR ratio a little bit. Can you remember what was the first and most important thing that Mr. Alien advised to watch when we look at a chart? Yes, the first thing was BB Squeeze. {image}
It's strange. I've have never seen something like this in past ten years. I think something is wrong. Using Bollinger Band squeeze as a filter for ADX 15 and with AA_Rsioma_Ebi_Sym has a surprisingly high win ratio. Today I back tested it. Out of 100 verified and filtered signal by ADX 15 and AA_Rsioma_Ebi_Sym 80 were winners!
I didn't record the setups but I think the average return of each winner is 1.5-2 times the Stop loss.
I have a request from the Aliens:

Would you please test it? Because if what I found can be found by others we have really found our tool.

Entry rules:
1- After receiving the signal from ADX 15 or AA_Rsioma_Ebi_Sym look at the BB squeeze.
2- Use Highest-lowest indicator to identify the high and low of the bands
3- Enter as soon as the price closed above or below the previous signal bar's high or low as indicated by Highest-lowest indicator

Please pay attention that you don't need necessarily BB Squeeze indicator to tell you the price is in range. By looking at Highest-lowest indicator you can recognize that too. If you see a long horizontal rectangle shape for past bars it is a range.

exit rule:
1-half profit taking at 1RR
2-then trailing the price at half of the distance it has moved (when it is 80 pips in profit you should lock 40 pips, if it goes to 120 you'll lock 60 pips.)
3- when top 3-4 ADX turn green or red

Look at the example for more information.

Attached Image (click to enlarge)
Click to Enlarge Name: EURGBPM15 BB filter example.png Size: 44 KB
  • #15,211
  • Edited 10:27pm Feb 13, 2016 7:04pm | Edited 10:27pm
Hi guys, I have completed test EURGBP TF H1 from 8.10. - 13.2.2016
The first chart: all signals ADX 15 and change output 3ADX.
The total profit of 528 pip.
Max losing trade 40 pips.
Max DD 77pip.

I have used filters for enhancement:
Filter 1. Business hours 8 am -10 pm.
Filter 2. Trades against the direction of the RSIOMA skip
Filter 3. Stores no open RSIOMA (100/0).

I changed the Exit options.

The second chart: Exit SL 25-20 pip Trailing stop 20pip. In 3 shops double entry.
The total profit of 831 pip.
Max. losing trade 25 pips.
Max. DD 70 pips

The third graph: Exit DSX.
The total profit of 888 pips.
Max losing trade 38 pips.
Max DD 80 pips.

The fourth graf: Exit RSIOMA break
The total profit of the 908 pips
Max losing trade 29 the pips
Max DD 52 pips


Possible further improvements:
1. Select part of profiles of 50 pips.
2. Use AA stoch_8_over_21_Sym the conclusion of the trade.

Details and a chart in PDF
Attached Image (click to enlarge)
Click to Enlarge Name: ADX15.png Size: 63 KB
Attached File(s)
File Type: pdf Back test ADX15 EUR GBP.pdf   253 KB | 639 downloads
  • #15,212
  • Feb 13, 2016 8:39pm Feb 13, 2016 8:39pm
Quoting ebitalebi
{quote} It's strange. I've have never seen something like this in past ten years. I think something is wrong. Using Bollinger Band squeeze as a filter for ADX 15 and with AA_Rsioma_Ebi_Sym has a surprisingly high win ratio. Today I back tested it. Out of 100 verified and filtered signal by ADX 15 and AA_Rsioma_Ebi_Sym 80 were winners! I didn't record the setups but I think the average return of each winner is 1.5-2 times the Stop loss. I have a request from the Aliens: Would you please test it? Because if what I found can be found...
Not sure how you can make pips under a market shown at this picture...
Attached Image (click to enlarge)
Click to Enlarge Name: 2016-02-14_11-35-34.png Size: 54 KB

In addition, all green or red situation is rare. If you trade 1H+, you have to wait really long time before new cycle of all (or near all) green/red starts. Of course, even if we have that condition, it doesn't guarantee successful trades just like the picture I shared.
Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #15,213
  • Feb 13, 2016 9:35pm Feb 13, 2016 9:35pm
Quoting ebitalebi
{quote} It's strange. I've have never seen something like this in past ten years. I think something is wrong. Using Bollinger Band squeeze as a filter for ADX 15 and with AA_Rsioma_Ebi_Sym has a surprisingly high win ratio. Today I back tested it. Out of 100 verified and filtered signal by ADX 15 and AA_Rsioma_Ebi_Sym 80 were winners! I didn't record the setups but I think the average return of each winner is 1.5-2 times the Stop loss. I have a request from the Aliens: Would you please test it? Because if what I found can be found...
Your BBSqueeze settings look vastly different from the default settings. I'm guessing your period is set to 10? To test, we should all use the same settings.
  • #15,214
  • Feb 14, 2016 12:24am Feb 14, 2016 12:24am
Quoting heispark
{quote} Not sure how you can make pips under a market shown at this picture... {image} In addition, all green or red situation is rare. If you trade 1H+, you have to wait really long time before new cycle of all (or near all) green/red starts. Of course, even if we have that condition, it doesn't guarantee successful trades just like the picture I shared.
1- it's a difficult situation but using ranges you could survive it(your goal is not to make pips in any situation. It's impossible)
2- we don't need all green or all red
3- Using the dashboard we are watching several pairs on several timeframes so you get more signals
4- You should learn to be patient
5- in real time trading you should always switch to lower timeframes we you see the signal to analyze the situation it is a norm. Look at the example. I'm sure you can see the ranges more clearly there
6- this method is under development and we can add other filters to it

Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 85 KB
  • #15,215
  • Edited 12:47am Feb 14, 2016 12:33am | Edited 12:47am
Quoting pphuong
{quote} Your BBSqueeze settings look vastly different from the default settings. I'm guessing your period is set to 10? To test, we should all use the same settings.
You are right. I'm using 10 period BB Squeeze and I mentioned it earlier.

But let me make something clear here. Actually you don't need any indicators to tell you the price is in range. If there are traders here that can not identify a range and its high and low boundaries I strongly recommend stop trading and learn to read charts and patterns until you subconsciously recognize patterns as soon as you see them.

http://www.forexfactory.com/showthre...01#post7275301

I suggested using indicators for finding range because we want to code the signal. I still believe that making a profitable EA which works 24/7 and makes you a millionaire is impossible but I do believe if the EA gives every possible signal it can be very profitable in the hands of a trader who knows when to use them.
  • #15,216
  • Feb 14, 2016 3:04am Feb 14, 2016 3:04am
Quoting ebitalebi
{quote} You are right. I'm using 10 period BB Squeeze and I mentioned it earlier. But let me make something clear here. Actually you don't need any indicators to tell you the price is in range. If there are traders here that can not identify a range and its high and low boundaries I strongly recommend stop trading and learn to read charts and patterns until you subconsciously recognize patterns as soon as you see them. http://www.forexfactory.com/showthre...01#post7275301 I suggested using indicators for finding range because...
  • #15,217
  • Feb 14, 2016 3:24am Feb 14, 2016 3:24am
New comers please pay attention.

A good technical analyst behaves like a sniper. He waits for the right moment. He prepares his gun before shooting. He considers wind speed and also earth gravity. all of them are done before he finds the right moment to shoot. Yes it is boring and needs a lot of patience.

The Alien system is wonderful if you are patient for a good setup.

What we are doing here in developing indicators and EAs cannot replicate the original manual system. We cannot even get close to it. because it is impossible or very difficult for a machine to recognize the ideal situation and wait for market to respond to it with lots variables some of which cannot be defined in terms of numbers.
We should use instead what is called reversed engineering. we can tell the machine to give us potential outcomes of a good setup. Then we can go and check whether the signal was valid based on what Mr. Alien has taught us or not. So one of the best ways to filter any signal is the original system rules all together. If the signal sounds rational based on the original rules then you can take it. If not better to ignore it.

All the other filters that is suggested by me or others here were suggested because we want to find a way to put Alien's systems into code as simple as possible. But please don't fool yourselves. If you don't understand the Alien's systems, not only any indicators or EAs that are posted here are going to help you but also they are going to fool you that you can earn pips following fancy BUY and SELL triggers. Please study the thread first then you will have the enough knowledge how to use these indicators.
  • #15,218
  • Feb 14, 2016 6:29am Feb 14, 2016 6:29am
Maybe indicator development should go onto its own thread for the time being? Seems to be crowding out the visual system at the moment (which tells us all we need to know), although respect to Mr Ebitalebi for exploring best ways to apply the system.
  • #15,219
  • Feb 14, 2016 8:05am Feb 14, 2016 8:05am
Each of the work and the effort to shift and evolution is better than criticism. Test and share your results. It's absolutely great that signal comes and you can focus on him and say yes or no. We have 28 pairs and other options. If each of us on one currency pair and test it after each of the TF. We moved even further.

(B).
  • #15,220
  • Edited 8:45am Feb 14, 2016 8:24am | Edited 8:45am
Here I Think we must stick To Alien's Systems And Not hijack The thread.
Alien took Three years To build them.
Emonts is doing a great work with his skills.We as Aliens in The meantime are requested To post our analysis And trades for those Who Read The thread.Received a Lot of PMs for this. Cheers.
Per aspera ad astra
6 traders viewing now